$4,026 Closing Credit*
$339,000
2,273 SqFt
3 Beds
•2 Full Baths, 1 Partial
#24041741, Edward Nelson, Listing Office: Vylla Home
Is Conway, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Conway has remained a Seller's Market.
Key Takeaway
Conway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Conway, AR
How much do homes in Conway, AR cost?
Median Sold Price
$238,720
$146/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$4,280(-1.8%)
Key Takeaway
Homes in Conway have sold for 1.8% less than they did a month ago.
Summary: The median home sold price in Conway was $238,720 in October 2024, down 1.8% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $152.5K | $163K | +6.9% |
| 3 Bedrooms | $233K | $225.2K | -3.3% |
| 4 Bedrooms | $366.5K | $329.2K | -10.2% |
| 5+ Bedrooms | $407.5K | $577.5K | +41.7% |
Summary: Conway housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 41.7%.
Median Sold Price Compared To Nearby Cities
| Howard Township | $122K | $157.5K | +29.1% |
| Cadron Township | $243.3K | $241.4K | -0.8% |
| Conway | $243K | $238.7K | -1.8% |
Housing Supply in Conway, AR
How many homes are available in Conway, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 295 | 297 | +0.7% |
Summary: The Conway real estate market had 297 homes for sale in October 2024, a 0.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 152 | 151 | -0.7% |
| 4 Bedrooms | 105 | 105 | 0.0% |
| 5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The Conway housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 77 | +14.9% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Conway, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 77 homes were sold or pending in Conway in October 2024, up by 14.9% month-over-month. Of the 74 sold homes, 50% were sold under asking, 32% were sold at asking, and 18% were sold over asking.
Days on Market for Conway, AR
How long does it take to sell a home in Conway, AR?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Conway has remained consistent over time.
Summary: During October 2024, 77 homes were sold in Conway; 0% of homes were sold within 30 days, 1% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.